Brexit, EU, Union Jack, flags

13 October, 2017

New EBA guidance published on Brexit relocations

  An Opinion setting out recommendations for...

5 October, 2017

Investigation into PwC’s client asset reporting at Barclays closes

Accountancy’s watchdog has closed a three-year investigation into Barclays’ auditor PwC, after deciding there was “not a realistic prospect” of winning a tribunal. The Financial Reporting C...
Telit Communications, Oozi Cats, Telit

28 September, 2017

Telit’s governance tidy-up includes financial review and cost-cutting

An external review of finances and an ongoing search for a new chairman form part of Telit Communications’ plan to tidy up its governance affairs following the resignation of its CEO in August. I...
European Banking Authority

28 September, 2017

European banking authorities urge greater diversity among managers

European financial institutions should improve the diversity of their management bodies to ensure sound governance, said the European Banking Authority and the European Securities and Markets Authorit...
London Stock Exchange

26 September, 2017

Financial watchdog defends change to listing rules

The UK's financial watchdog the Financial Conduct Authority (FCA) has defended its decision to create a new listing category for companies owned by sovereign states. The change has been widely inte...
Interserve

25 September, 2017

Interserve chief’s payoff elicits investor criticism following profit warning

The severance pay of former Interserve chief executive Adrian Ringrose has been criticised following the company’s share price collapse. Ringrose stepped down as chief executive at the end of Aug...
gender pay gap, women in business

22 September, 2017

Energy supplier SSE reveals growing gender pay gap

British energy supplier SSE has become the first FTSE 100 member to publish its
Brexit, EU, Union Jack, flags

21 September, 2017

Brexit uncertainty affecting investment decisions, says Bank of England

Brexit is an “important source of uncertainty” for many UK companies, and is impacting on investment decisions, according to a new Bank of England report. The quarterly
KPMG, audit, Big Four

20 September, 2017

Audit firm KPMG cleared over HBOS audit after 2007 financial crisis

A regulatory investigation has cleared KPMG over its audit of HBOS bank in 2007 as the financial crisis struck City institutions. The Financial Reporting Council (FRC) announced yesterday that its ...